'There's not a huge amount of money,' says new chancellor Reeves

Rachel Reeves has issued a damning assessment of the state of the UK’s finances.The new chancellor of the exchequer said she was inheriting a depleted economy from the Conservatives that would create a “challenge” for the new Labour government.“There’s not a huge amount of money there,” Ms Reeves told the BBC. “I know the scale of the challenge I inherit.”Ms Reeves said she would lean on the private sector to…